The report covers a forecast and an analysis of the automotive pumps market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Billion). The study includes drivers and restraints of the automotive pumps market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the automotive pumps market on a global level.
In order to give the users of this report a comprehensive view of the automotive pumps market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
The study provides a decisive view of the automotive pumps market by segmenting it based on the vehicle, product, displacement, technology, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The major growth driver of the automotive pumps market is the constant technical enhancements of automotive technologies. Several leading automotive manufacturers are collaborating and partnering with major IT companies to develop autonomous driving solutions and to scrutinize the information gathered from connected automobiles. Additionally, there has been an upsurge in the demand for electric pumps across the world.
Based on the vehicle, the market is sectored into heavy commercial, passenger cars, and light commercial. In terms of product, the market is classified into fuel injection, oil, transmission, water, fuel, steering, windshield water, and vacuum. By displacement, the market is bifurcated into fixed and variable displacement. The technology segment of the market comprises electrical and mechanical pumps.
Global Automotive Pumps : Regional Segment Analysis
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Industry Major Market Players